Price has broken Weekly support, pulled back and retesting. AUD weaker than CAD on most timeframes.
Looking for an uptrend continuation through Monthly and Daily resistances. Price has retested. EUR stronger than JPY
Price broke Weekly resistance. Look for a trend continuation after retest. AUD stronger than CHF on most timeframes.
Breakout and trend continuation from flat top triangle. Price retesting daily resistance. GBP stronger than USD on daily timeframe. E: 1.31129 SL: 1.30223 TP: 1.32931
Price retested weekly resistance. EUR stronger than USD on most timeframes. E: 1.14873 SL: 1.14324 TP: 1.15761
Breakout and trend continuation. Price slowly retesting monthly resistance. CAD stronger than JPY on most timeframes. E: 89.053 SL: 88.458 TP: 91.122
Breakout and trend continuation of resistance. Price retesting monthly resistance. AUD stronger than USD on most timeframes. E: 0.78376 SL: 0.77750 TP: 0.79452
On the daily, H1, and M15 we say a breakout, pullback to test daily S/R, then a continuation bar forming. I was looking to just short the London open but I may hold this position for a bit. Entry at 1.66861. Possibly close at the end of daily candle.
On the weekly and daily chart we see price coming close to a weekly resistance. Price has formed railway tracks on both time periods. I would short now and set SL at about 0.73170 and TP at the end of the next candle or TP 1 there and TP 2 at the end of the following day’s candle.
GBPUSD 1D: Price testing weekly triangle top. Shorting at 1.29429. SL at 1.29839.
EURUSD 1D: Price looks to be respecting weekly resistance. Bearish Harami reversal formation on daily chart. Short at 1.13908. SL at 1.14454. First TP at the close of next daily candle, second at the close of the following.
I see a retracement to 0.75447 or the strong resistance at 0.75503 then a continuation of the down trend. Entry at either of those. 60 pip TP.
Last week I noticed a strong resistance at 1.1191. I figured price would bounce or go sideways around here then return to a down trend. I would enter now and hold for 60-90 pips. or wait for another retracement to 1.11684 then enter. TP at about 1.1105 conservative or move SL here and set TP2 for 1.1072
Pair: AUD/USD 1h This pair retraced back to a 0.5 level and is testing a multiple Fib at 0.75930 price. I would enter this trade 5 pips above and look for a 60-90pip profit. 30pop SL.
Pair: USD/CHF 1h I see this pair retracing to about 0.618 or 0.5 level.I would wait until it drops below 0.97456 price then set a Buy Stop there or 5 pips above. Stop Loss would be 30 pips below. TP would be 60-90 pips
Pair: USD/JPY 4h Trend: DOWN. Price is under Ichimoku Cloud, 21EMA is slopping downward, 100EMA crossed below 200EMA with price below them both. MACD and Stoch. concur. Fibonacci: There is an overlap in Fib retracements at 110.083 indicating a strong resistance. Price hit this but did not develop a candle above it. But because the price touched 0.382, I would...